September 2018 Tax News

September 2018 Tax News

HMRC warning: time to declare offshore assets
HMRC is warning that taxpayers could face penalties if they fail to declare their income on foreign assets before new ‘Requirement to Correct’ legislation comes into force.Click here for the full story

Software suppliers – Making Tax Digital for VAT
HMRC is working with more than 150 software suppliers who have said they will provide software for Making Tax Digital for VAT (MTDfV) in time for April 2019.Click here for the full story

Advisory fuel rates for company cars
New company car advisory fuel rates have been published which take effect from 1 September 2018.Click here for the full story

‘No deal’ Brexit guidance
The government has issued some ‘no deal’ Brexit technical notices, with the aim of helping both businesses and individuals to prepare in the event of a UK-EU agreement not being realised.Click here for the full story

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